$360,000
1223 Terrace Street, Muskegon, MI 49442
0 baths
- Lot
- 0.20 acres
- Built
- 1899
- Type
- 2 To 4 Units
- On market
- 125 days
DescriptionShowHide
Large 4-unit investment property at 1223 Terrace St, Muskegon, in an excellent location near downtown and surrounded by ongoing neighborhood revitalization.Situated in the historic McLaughlin District, a well-established neighborhood known for its historic character and proximity to downtown Muskegon. Excellent cash-flow opportunity for investors or owner-occupants. Photos available. Serious inquiries only. Current rents:Unit A - $1,000/month (large 1BR/1BA), currently vacant for easy showingsUnit B - $1,200/month (3BR/2BA)Unit C - $900/month (2BR/1BA)Unit D - $850/month (1BR/1BA) All rents offer potential for future increases. Long-term, reliable tenants with a strong payment history. Recent improvements include full remodeling of all units between 2021 and 2024, a new roof in 2022, and a new boiler in 2023.
Facts & features
Interior2
- Bathrooms
- 0
- Basement
- Full
Heating, cooling & utilities2
- Heating
- Hot Water
- Utilities
- Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected
Parking1
- Parking
- Paved
Exterior & construction4
- Lot size
- 0.20 acres
- Construction
- Wood Siding
- Roof
- Composition
- Year built
- 1899
Property details7
- Type
- OTHER
- Sub-type
- 2 to 4 Units
- County
- Muskegon
- Parcel #
- 24-205-243-0010-00
- Days on market
- 125
- MLS #
- 26024005
- Status
- Active
District: Muskegon
No individual schools were listed for this home.
Assigned schools as entered by the listing agent. Attendance boundaries change — confirm with the district before relying on this.
Price & tax historyShowHide
- No recorded history for this property.
Listing courtesy of Bellabay Realty LLC · Kevin Cole
616-551-6129 · kevin@contactbdc.com
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